Strong sales in its Repreve polyester unit and lower raw material prices helped Unifi Inc. post net income of $2.4 million, or 12 cents a share, in the second quarter ended Dec. 23, compared to a net loss of $7.6 million, or 38 cents a share, in the same period a year earlier.
Net sales increased 3 percent to $172 million in the quarter from $167 million. Adjusted earnings before interest, taxes, depreciation and amortization improved 65 percent to $12.2 million, while gross profit advanced $5.8 million as a result of volume growth in each of the company’s operating segments.
Day 2 of Milan Fashion Week: Two models pose minutes before walking the @luisabeccaria_official show in Milan's Villa Reale #wwdfashion #mfw (📷: @aleturra85)
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)
"Each shoe is like a treasure filled with symbols, visions, stories and projects," said creative director Cesare Casadei ahead of his spring 2018 show tomorrow. #wwdfashion #mfw #ss18
At Julien Macdonald's #LFW show, models walked down a confetti-covered runway with the designer himself for the finale. #wwdfashion #ss18 (📷: @giovanni_giannoni_photo)
Christopher Kane took cues from the supermarket aisles for his spring 2018 collection. Case in point: sponge fabrics were worked into footwear. #lfw #wwdfashion #ss18 (📷: @aitorrosasphoto)
